Business Services Industry
US growth to ease but inflation still a worry.
Australasian Business Intelligence, May, 2007
Byline: Robert Guy
May 15, 2007 (The Australian Financial Review - ABIX via COMTEX) -- US economic growth is predicted to slow but inflation remains a concern. A survey of 53 economic forecasters by the Federal Reserve Bank of Philadelphia found that the US economy was expected to grow by 2.1 per cent in 2007, a fall from a previous prediction of 2.8 per cent. The economy only expanded at an annual rate of 1.3 per cent in the first quarter of 2007. Economic growth is expected to rise to 2.9 per cent in 2008. However, inflation is expected to remain above the preferred level of the Federal Reserve Board.
Publication Date: 16 May 2007
FEDERAL RESERVE BANK OF PHILADELPHIA
UNITED STATES. FEDERAL RESERVE BOARD
All copyright...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
